Balance sheet not matching Assets with Total Equity
Hi all,
I have looked through solutions in MYOB community for the error I have and they are not helping so far.
The equity value in balance sheet is not balancing with total assets. I needed to go into opening balances to correct one value for $580 and it through out the entire equity value by $221,397.25. I have since gone in and checked everything, double/triple checked, auditors have also checked everything including historical values, all balances YTD and all appear OK to them, so they are unsure what has happened.
I have seen solutions in the MYOB community advising to go into opening balances and enter $1, then go back in and replace with $0 however this is not working for me.
I am hoping someone can provide other solutions please.
Kind regards,
Peter